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Adhesives in the Japanese automotive industry to reach $683 million by 2021 -USD 0

Publish Date: 09-01-2018 05:20:29 | Contact name: Lucintel | Location: USA | Place: 222 Las Colinas Blvd West, Suite 1650, Irving, TX 75039, USA | 131 times displayed |



According to a new market report published by
Lucintel, the future of adhesives in the Japanese automotive industry looks good
with opportunities in the passenger car and light commercial vehicles. Adhesives
in the Japanese automotive industry are expected to reach an estimated $683
million by 2021 and are forecast to grow at a CAGR of 3.4% by value from 2016
to 2021. The major drivers of growth for this market are growth in the
production of passenger car and light commercial vehicles, and increase in the
demand for lightweight materials.



In this market, epoxy, polyurethane, acrylic,
and other adhesives are the major adhesive types used in automotive industry.
On the basis of its comprehensive research, Lucintel forecasts that the
polyurethane adhesives and epoxy adhesives segments are expected to show above
average growth during the forecast period.



Within the Japanese automotive adhesives
industry, the polyurethane adhesives segment is expected to remain the largest
market. Diverse applications of polyurethane adhesives in the automotive
industry are expected to drive adhesives consumption, which would spur growth
for this segment over the forecast period.



In this market, passenger car is largest
segment by vehicle type and it is expected to remain as the largest segment due
to increase in passenger car production and increasing use of lightweight
materials.



Adhesives usage in non-structural application is
expected to remain the largest segment due to its varied usage in bonding
aluminum hoods, lift gates, aluminum body panels, doors, and other
non-structural automotive parts made of lightweight materials.



For business expansion, the report suggests
innovation and new product development to reduce curing time, improve cohesion
strength, and high temperature resistance. The report further suggests the
development of partnerships with customers to create win-win situations and
development of low-cost solutions for customers.



Emerging trends which have a direct impact on
the dynamics of the industry include increasing use of composites and
lightweight materials in vehicles, development of new silicone-based
electrically conductive adhesives in automotive sensor applications. Henkel
Japan Ltd., 3M Japan Ltd., Dow Chemical Japan Ltd., Japan Sika Corporation.,
and Sekisui Fuller Co., Ltd. are the major manufacturers of adhesives in the Japanese
automotive industry. Some companies are opting for mergers and acquisitions as
strategic initiatives for driving growth.



Lucintel, a leading global strategic
consulting and market research firm, has analyzed growth opportunities for
adhesives in the Japanese automotive industry by product type, vehicle type,
application type, and region, and has compiled a comprehensive research report
entitled Growth
Opportunities for Adhesives in the Japanese Automotive Industry 2016-2021: Trends, Forecast, and
Opportunity Analysis
.” The
Lucintel report serves as a springboard for growth strategy, as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the growth opportunities for adhesives in the Japanese
automotive industry by product type, vehicle type, application type, and
region, as follows:



By Product [Volume M lbs. and $ M Shipment
analysis for 2010 to 2021]:



·
Epoxy Adhesives



·
Polyurethane Adhesives



·
Acrylic Adhesives



·
Other Adhesives





By Vehicle [Volume M lbs. and $ M Shipment analysis for
2010 to 2021]:



·
Passenger Cars



·
Light Commercial Vehicles





By Application [Volume M lbs. and $ M Shipment analysis for
2015 and 2021]:



·
Structural Components



·
Non-Structural Components





Region [Volume M lbs. and $ M Shipment
analysis for 2010 to 2021]:



·
North America



·
Europe



·
Asia Pacific



·
Rest of the World





This
100-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings include Chemical
Market Research Reports
, Chemical
Industry Analysis Report
, Opportunity
Screening and Analysis
, Capital
Investment Feasibility
and SWOT Analysis.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.



This
report answers following 10 key questions:



Q. 1 What
are some of the most promising, high-growth opportunities for adhesives in the
Japanese automotive industry by product type, by vehicle type, and by
applications?



Q.2 Which product segments will grow at a faster pace and why?



Q.3 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?



Q.4 What are the business risks and competitive
threats in this market?

Q.5 What are the emerging trends in this market
and reasons behind them?



Q.6 What are some changing demands of customers
in the market?



Q.7 What are the new developments in the
market? Which companies are leading these developments?



Q.8 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?



Q.9 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via materials / product substitution?



Q.10
What M & A activity has occurred in
the last 5 years in this market and what is its impact on the industry?





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